乐天堂fun88(中国区)官方网站 Polyurethanes Opens New Systems House in Russia

Brussels, January听15 听2010 鈥� 乐天堂fun88(中国区)官方网站 Polyurethanes Russia, an entity of chemical company 乐天堂fun88(中国区)官方网站, has opened a new Systems House in Obninsk, near Moscow. Located on the same site as the HNMG joint venture, which was established in 2007, the new facility will produce a wide range of polyurethane products to support the growth ambitions of 乐天堂fun88(中国区)官方网站 customers in the region.

鈥淲e have a long track record of commitment to the Russian and FSU markets and this investment reflects our confidence in their future鈥�, said Nick Webster, Vice President Europe of 乐天堂fun88(中国区)官方网站 Polyurethanes division. 鈥淎s an extension of our successful HNMG joint venture, this new facility will strengthen our local capabilities to serve our customers, especially in insulation and automotive markets. Russia plays an important role within our global growth strategy. I would like to thank all 乐天堂fun88(中国区)官方网站 associates and the HNMG team for their continued support to make this investment a success鈥�, Webster added.

鈥淲ith the new Systems House in place, we are now able to produce a much wider range of products, locally, helping to further strengthen our established market position鈥�, commented Simon Baker, Commercial Director of 乐天堂fun88(中国区)官方网站 Polyurethanes. 鈥淏y combining local production facilities with efficient logistics and a regional distribution network, we aim to provide our customers with the highest levels of service and quality, across the whole region."

The HNMG joint venture manufactures and sells polyurethane systems to the adhesives, coatings and elastomers markets in Russia and other areas in the former Soviet Union. The company employs over 150 employees and has state of the art manufacturing and distribution facilities in Obninsk and a network of branch offices across the region, including in Belarus and the Ukraine.


About 乐天堂fun88(中国区)官方网站:

乐天堂fun88(中国区)官方网站 is a global manufacturer and marketer of differentiated chemicals. Its operating companies manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging and, later, for rapid and integrated growth in petrochemicals, 乐天堂fun88(中国区)官方网站 today has 12,000 employees and operates from multiple locations worldwide. The Company had 2008 revenues exceeding $10 billion. For more information about 乐天堂fun88(中国区)官方网站, please visit the company鈥檚 website at .

Forward Looking Statements:

Statements in this release that are not historical are forward-looking statements. These statements are based on management鈥檚 current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company鈥檚 operations, markets, products, services, prices and other factors as discussed in the 乐天堂fun88(中国区)官方网站 companies鈥� filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors. In addition, the completion of any transactions described in this release is subject to a number of uncertainties and closing will be subject to approvals and other customary conditions. Accordingly, there can be no assurance that such transactions will be completed or that the company鈥檚 expectations will be realized. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.

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